Aaron Hedlund

Journal Articles

• Hedlund, A. D., Garriga, C., Wang, P., & Tang, Y. (2023). "Rural-Urban Migration, Structural Transformation, and Housing Markets in China." American Economic Journal: Macroeconomics vol. 15 (2), 413-440.

• Purdue Expert: 2024 Home Buying

  The Federal Reserve has communicated that interest rates are likely to decrease. Hedlund explains what he thinks the interest rates will do in the next year and what this means for homeowners. Aaron Hedlund thinks rates will continue to decline, making it easier for people to buy homes. He thinks 2024 will be a better time to buy a home than in 2023 even though house prices are high and interest rates have not returned to what they were before the increase. Aaron discusses the challenges with high interest rates and the difficulties this brings to the home owning market and how Federal Reserve policy ties into this.

  Full story: Purdue Expert: 2024 Home Buying

• Daniels School expert Aaron Hedlund comments on car insurance rates
  Car insurance rates vary based on the frequency and severity (cost) of claims, which vary by state for multiple reasons. First, driver behavior, or “driver culture,” is not identical from state to state.